Goldman Sachs names the Japanese stocks to buy right now — and gives 2 over 50% upside

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 72%

Asics Corp Nouvelles

Suntory Beverage & Food Ltd,Hitachi Ltd,Goldman Sachs BDC Inc

Goldman Sachs sees several opportunities in Japan, naming the 'stocks to own' right now.

Japan's stock market had a roller-coaster ride last week, but Goldman Sachs sees several opportunities in the country, naming the "stocks to own" right now. It comes after Japan's broad-based Topix index plunged 12.23% on Aug. 5 and the benchmark Nikkei 225 index fell 12.4% — its worst decline since 1987's "Black Monday." Both indexes have since recouped some losses, with the Topix ending the week down 2.14% and the Nikkei ending 2.46% lower. In a note on Aug.

Goldman has a target price of 3,100 Japanese Yen on the stock, giving it around 50% upside potential at the time of the note. Suntory Beverage & Food Goldman describes Suntory Beverage & Food as a "major Japanese soft drinks manufacturer with the second-largest market share in Japan," as well as operations in Europe, the U.S. and other parts of Asia Pacific.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités